Sunday, February 15, 2015

Did Ali Jahangiri and David Hirson try to mislead EB-5 visa investors? Why should EB-5 visa investors choose Genuine Direct Investment Businesses?

I just read an article (see link ) and was not surprised to see clearly misleading and inaccurate statements by Mr. Jahangiri. I am simply shocked and disappointed that despite knowing that his advertisers ILLEGALLY offer and sell securities overseas, he not only earns money by helping criminals, but also tries to mislead others by knowingly implying things which are untrue.

We all know that Ali Jahangiri and David Hirson make money from regional centers, and I've yet to come across a single regional center that has legally offered or sold securities in China or India, to name just 2 examples. There is a reason why ICE - HSI specifically recommended that regional centers be shut down, and those who wish to learn more can read the secret ICE memo at to confirm that ICE explicitly listed several reasons for shutting down regional centers.

For instance, Mr. Jahangiri wrote, 'The article also claims that "the program has become a magnet for those seeking to sidestep the scrutiny of the traditional immigration process." Again, this is an unfounded portrayal of the program. Applicants are not simply given a free pass to enter the U.S. upon making their investments; EB-5 investors go through the same Department of Homeland Security checks and protocols that all other green card applicants are subjected to.' To this, I say you lie Mr. Jahangiri. Mr. Jahangiri knows very well that in the case of Sam Nazarian's casino where Mayorkas illegally helped EB-5 visa investors get green cards at the behest of Harry Reid as well as in the case of GCFM at the behest of Bill Clinton, Anthony Rodham (Hillary Clinton's brother) and Terry McAuliffe (now the Governor of VA), to cite just 2 examples (and there are more examples such as American Life, Bay Area Regional Center, Jay Peak, etc.), there are numerous reported instances where checks and protocols were illegally ignored due to political pressure applied by sleazy politicians.

David Hirson wrote 'Immigration attorney David Hirson explains that, "from there, the documents are reviewed for authenticity and accuracy, all while the DHS runs the EB-5 investor's personal information through State Department, IRS, Interpol, Office of Foreign Asset Control, and its own databases. It should be noted that this process routinely takes in excess of 18 months, and immigrant investors are granted no legal right to enter the U.S. until official approval. The documentation process is so detailed and arduous that prospective immigrant investors from countries with non-western banking practices often turn away from the program altogether." ' To this, I say, Mr. Hirson is misleading readers. No less than 5 separate DHS employees have all made the same allegations as have FBI Analysts and Agents, IRS - CID agents and investigators from other agencies have all said that the background checks are routinely circumvented even when there is clear evidence of fraud such as forged documents, presented by the EB-5 visa investors. It is possible even 1-2 investigators may lie, but when a whole bunch of investigators and analysts from 7 different agencies make the same allegations, the obvious conclusion is that there must at least be an element of truth to those allegations.

Jahangiri claims that the system is not to blame and there are only a few bad individuals, and to Mr. Jahangiri, I say this: YOUR STATEMENT IS MISLEADING AND YOU EARN MONEY BY HELPING CRIMINALS. In the EB-5 visa program, the entire regional center system is rotten and corrupt. The reason I call you a liar sir, is because I can confidently state that not only is most of the money that has flowed into the regional center program for at least the past 5 years been ILLEGALLY laundered through China, I'd also like to point out that those funds were obtained illicitly to begin with and the reason funds were laundered is because they were illicit and taxes weren't paid on most of the investor funds. I will also point out to Mr. Jahangiri that not even 1 out of the over 500 regional centers that have tried to offer and sell securities in China and India (to cite just 2 examples) have legally offered and sold securities in those 2 countries. You can also check with the regulators in Mexico, Russia and South Korea that regional center securities were illegally offered and sold there too. Mr. Jahangiri, would you like to make a guess about the percentage of EB-5 visa investors in regional centers who actually get their green cards? I think you already know the answer is well below 50%, and those who doubt this figure can simply go on and check the figures from and compare it with the figures at to confirm that those who invest in regional centers don't have a great chance of getting their permanent green card.

Mr. Jahangiri falsely implies that HR 616 would impose rigorous new standards on regional center operators and administrators. I'd like to take this opportunity to correct Mr. Jahangiri on 2 counts: a) The rot lies in the regional center program and not in the EB-5 visa program, b) If you actually read the text of the proposed bill, you will realize that it is a watered down bill that does nothing much to really address the concerns raised by ICE - HSI investigators, FBI Investigators and analysts, several Senators, Dept. of State investigators, IRS - CID investigators, USCIS - FDNS analysts and a lot of other investigators and analysts from other agencies such as SEC, etc. The fact is, the proposed bill does NOTHING to require authenticated source of funds documents, NOTHING to prevent money laundering and tax evasion and certainly NOTHING to prevent illegal offering and sale of securities as well as securities fraud committed by regional centers. The fact is, the reason that bill has a 2% chance of becoming law (and that is a very generous estimate) is because it is merely putting lip stick on a pig. 

Mr. Jahangiri had earlier tried to threaten me with a lawsuit in an effort to intimidate me into withdrawing my statements exposing him, and I let him and his lawyer know exactly how I'd tear them a new one in court, due to which he backed off and never dared to try and sue me as doing so would prove to be quite embarrassing and uncomfortable from a legal perspective for Mr. Jahangiri AND his advertisers.

The SEC has already started their own investigation to target sleazy lawyers who have illegally marketed and sold regional center securities (see link at, and the fact is, regional centers knew that they've illegally offered and sold securities in the US and abroad to EB-5 visa investors.

The bottom line is, investigators and analysts from SEC, FBI, USCIS - FDNS, ICE-HSI, IRS-CID and Dept. of State are collectively working to block regional centers from the EB-5 visa program. Jared Polis introduced a bill to renew the regional center program, but the bill is guaranteed to fail as not only is the bill opposed by about 140,000 investigators and their unions, it is also opposed by several powerful politicians and the results of the GAO audit due this summer are only bound to solidify the opposition to the renewal. 

As a matter of fact, the regional center extension has a 2% chance of going through (see link at, and in real terms has no chance of being passed due to the fact that government agencies, law enforcement unions, powerful politicians and thousands of investigators are up in arms against regional centers.

EB-5 visa investors need to remember that the ONLY safe way to get approved is through Genuine Direct Investment Businesses.

Here are some of the critical reasons that EB-5 visa investors should ALWAYS choose Genuine Direct Investment Businesses and avoid regional centers:
  1. In a Genuine Direct Investment Business, it is quite unusual to encounter fraud or conflict of interest. This alone is THE biggest reason why EB-5 visa investors usually experience capital loss if they opt for regional centers or unsafe Direct Investments (such as Voodoo or Marcos Pizza), while those who opt for Genuine Direct Investment Businesses usually NEVER experience capital loss. 
  2. EB-5 visa investors who choose Genuine Direct Investment Businesses usually earn annual ROI of 15% to 40%, while those who select regional centers usually earn 0-2% annual ROI. 
  3. Genuine Direct Investment Businesses offer easy exit strategies to EB-5 visa investors while those who invest in regional centers experience TERRIBLE exit strategies. 
  4. Regional Centers usually commit securities fraud and securities law violations while this is usually unheard of in Genuine Direct Investment Businesses. 
  5. EB-5 visa investors usually get capital gains if they invest in a Genuine Direct Investment Business and almost NEVER get capital gains if they invest in a regional center. 
  6. EB-5 visa investors in Genuine Direct Investment Businesses usually see faster processing and approval of their petitions, while it takes much longer for EB-5 visa investors to get their immigrant visa through regional centers.  
  7. EB-5 visa investors in Genuine Direct Investment Businesses have a higher chance of getting their permanent green card, while those who opt for regional centers have a lower chance of getting their green card.

If you are a business owner or high net worth individual interested in migrating to the US, please contact us for a free consultation. We offer a turnkey solution and have a 100% fee refund guarantee if a client is denied due to our fault.

Yours truly,
Mohammed Shaikh, MBA (Accounting), CFE, Licensed Business & RE Broker (CA & FL)
Online: Phone: +1 407 535 0616

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